CHESTNUT CORNER, CHESTNUT CLOSE, FERNHILL HEATH, WORCESTER, WR3 7SZ - £425,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

CHESTNUT CORNER is a large detached house of 177m², built sometime between 1991 and 1995. It was last sold for £425,000 in November 2015, which was around 24% above the average November 2015 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

CHESTNUT CORNER Sold Prices

Land registry data shows two sales for CHESTNUT CORNER since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Both of the two CHESTNUT CORNER sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 23 NOV	£425,000	£343,995	24% above HPI
2000 18 FEB	£200,000	£147,620	35% above HPI

CHESTNUT CORNER Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The two CHESTNUT CORNER sales from February 2000 and November 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2000 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is CHESTNUT CORNER?

CHESTNUT CORNER is 177m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Fernhill Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Fernhill Heath, and where CHESTNUT CORNER lies on this distribution: 80% of detached houses are smaller than CHESTNUT CORNER, and 20% of houses are larger. Note that EPC data is not available for all properties in Fernhill Heath.

CHESTNUT CORNER: Plot and Title Map

CHESTNUT CORNER sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of CHESTNUT CORNER, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CHESTNUT CORNER). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CHESTNUT CORNER?

CHESTNUT CORNER is located on CHESTNUT CLOSE in FERNHILL HEATH, in the WR3 postcode district. The below map shows the position of CHESTNUT CORNER on CHESTNUT CLOSE.